Transglobe Energy (TGL) Shares Cross 3% Yield Mark

In trading on Friday, shares of Transglobe Energy Corporation (TSX: TGL. O) were yielding above the 3% mark based on its quarterly dividend (annualized to $0.20), with the stock changing hands as low as $6.55 on the day.

In trading on Friday, shares of Transglobe Energy Corporation (TSX: TGL.TO) were yielding above the 3% mark based on its quarterly dividend (annualized to $0.20), with the stock changing hands as low as $6.55 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.

In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Transglobe Energy Corporation, looking at the history chart for TGL below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 3% annual yield.

In trading on Tuesday, shares of Top 20 Dividend (TSX: TTY-UN. O) were yielding above the 7% mark based on its monthly dividend (annualized to $0.6996), with the stock changing hands as low as $9.99 on the day.

In trading on Tuesday, shares of US Housing Recovery Fund Class A (TSX: USH-UN. O) were yielding above the 6% mark based on its monthly dividend (annualized to $0.60), with the stock changing hands as low as $9.95 on the day.